Missouri Tops $12.6 Million on Opening Weekend of Adult-Use Marijuana Sales!
According to the state’s industry trade group, medical cannabis dispensaries in Missouri sold over $12.6 million worth of marijuana products during the first weekend of adult-use sales.
According to the Missouri Cannabis Trade Association, on February 3, the first day that MMJ dispensaries in the state were allowed to sell recreational products, the stores sold a total of $5 million worth of marijuana (MoCannTrade).
About $8.5 million, or two-thirds of the total, was spent by customers over the age of 21 over the course of the weekend.
“Our industry was adamant that we would be ready on day one to deliver for Missourians,” MoCannTrade Executive Director Andrew Mullins told MJBizDaily in an emailed statement.
Strong demand and widespread participation from already established dispensaries that had been granted permission to conduct “comprehensive” retail operations contributed to the high sales figures.
According to MoCannTrade, on February 3rd, 207 retail licenses, 72 infused product manufacturing permits, and 56 cultivation licenses were issued by the Missouri Department of Health and Senior Services Division of Cannabis Regulations.